Canada Alphadex Fund FT (FCAN) Technical Analysis
NYSEARCA:FCAN • US33737J2087
Current stock price
FCAN Technical Rating and Analysis
Overall FCAN gets a technical rating of 1 out of 10. FCAN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 65% of all other stocks performed better in the past year than FCAN.
- Warning: FCAN has an average volume of 2261 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- FCAN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FCAN is lagging the market slightly.
- In the last month FCAN has a been trading in the 19.68 - 22.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
FCAN Weekly and Daily overview Charts
FCAN Setup Rating and Analysis
The technical rating of FCAN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FCAN Support and Resistance Analysis
19.77
We found 1 important support area.
- A support zone ranging from 19.97 to 20.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 21.01 to 21.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.76 to 21.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.31 to 22.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.72 from a trend line in the weekly time frame.
- Resistance @25.52 from a horizontal line in the weekly time frame.
FCAN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FCAN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCAN is down. |
| ChartMill Relative Strength | 35.4 | NEUTRAL | FCAN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FCAN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.54 | NEUTRAL | The RSI value for FCAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FCAN has a negative trend. |
| Stochastics (14,3) | 60.37 | NEUTRAL | The Stochastics value for FCAN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for FCAN suggests low volalility. |
FCAN Chart- and CandleStick Pattern Analysis
FCAN Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:FCAN (10/28/2020, 8:12:58 PM)
20.68
-0.15 (-0.74%)
Canada Alphadex Fund FT / FCAN TA FAQ
What is the technical rating for FCAN stock?
ChartMill assigns a technical rating of 1 / 10 to FCAN.
What is the trend direction for FCAN stock?
The current trend direction for Canada Alphadex Fund FT (FCAN) is Bearish.
Can you provide the RSI signal for Canada Alphadex Fund FT?
Canada Alphadex Fund FT (FCAN) has an RSI value of 44.5396. This indicates that the stock is currently neutral.
What is the MACD signal for FCAN stock?
The MACD indicator for Canada Alphadex Fund FT (FCAN) has a value of -0.0545216, indicating a bearish trend.